RIO DE JANEIRO, BRAZIL – Brazil, the world’s leading coffee producer and exporter, exported 3,147,222 60-kilogram sacks of coffee in January this year, down 9.4 percent compared to the same month last year (3,474,252 sacks), the Coffee Exporters Council (Cecafe) said Tuesday, February 10th.
The drop follows record coffee exports in 2020.
According to a report released in São Paulo by the trade group, billing in the national currency (Brazilian real) increased 10.2 percent compared to January 2020 as a result of the real’s devaluation against the U.S. dollar.
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